The IFRS Foundation and EFRAG recently published material that illustrates the high degree of alignment achieved between the #ISSB Standards and #ESRS in climate-related disclosures and explains how a company can comply with both sets of standards. 💭 What’s next? The ISSB, #EFRAG and the European Commission will have a continued dialogue, including as they work together on: ✅ Work on sector-based standards; and ✅ Digital taxonomy to identify the ISSB global baseline and support presentation that complies with both sets of standards. Find out more: https://lnkd.in/dE5KNHeZ #IFRSsustainability #ISSBstandards #interoperability
International Sustainability Standards Board (ISSB)
Accounting
The ISSB is the independent sustainability disclosure standard-setting body of the IFRS Foundation.
About us
This is the official page for the International Sustainability Standards Board (ISSB). We will provide updates on projects such as meeting summaries, new documents, webinars and conferences, as well as announcements about IFRS Standards. The mission of the ISSB is to develop—in the public interest—a comprehensive global baseline of high-quality sustainability disclosure standards to meet investors’ information needs. Together with the International Accounting Standards Board (IASB), the ISSB is one of the two independent standard-setting bodies of the IFRS Foundation.
- Website
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http://www.ifrs.org
External link for International Sustainability Standards Board (ISSB)
- Industry
- Accounting
- Company size
- 51-200 employees
- Type
- Nonprofit
- Founded
- 2021
- Specialties
- international financial reporting standards, issb, and sustainability disclosure standards
Employees at International Sustainability Standards Board (ISSB)
Updates
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International Sustainability Standards Board (ISSB) reposted this
The IFRS Foundation Conference 2024, held on 24 and 25 June, brought together over 400 delegates from more than 60 jurisdictions. The conference showcased the latest developments from the International Accounting Standards Board (IASB) and the International Sustainability Standards Board (ISSB), as well as insights from industry experts. 👏 We would like to thank all delegates and speakers for their participation in and contributions to the conference. Catch up on some highlights in our video below and read more here: https://lnkd.in/eskd7MhP #IFRSConference24
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The IFRS Foundation and EFRAG recently published material about how a company can apply both #ESRS and the #ISSB Standards. The guide provides practical support that explains how a company can efficiently comply with both sets of standards. Section 1 of the interoperability guidance explains how both sets of standards reference the other as a relevant source of guidance. IFRS S1 states that companies can use ESRS, to the extent it meets investor information needs, to identify what information to disclose for matters other than climate. ESRS references the IFRS industry-based guidance – including the SASB Standards – to provide industry-specific information until ESRS sector standards are in place. 👇 Find out more below. Access the ESRS–ISSB Standards Interoperability Guidance: https://lnkd.in/dE5KNHeZ 📺 You will be able to hear more about the interoperability guidance in an upcoming webcast. To receive updates on the webcast, sign in to your IFRS account, go to your dashboard and choose to follow 'Applying IFRS sustainability standards': https://lnkd.in/eb4WUZhS #IFRSsustainability #ISSB #ISSBstandards #interoperability
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Join us for our next Perspectives on sustainability disclosure webinar on "How the IFRS Foundation can get you started with the ISSB Standards". Jingdong Hua, #ISSB Vice-Chair will be in discussion with IFRS Foundation staff members Mardi McBrien, Jonathan Bravo, Maren Meyers and Dianora Aria De Marco, CPA, and the webinar will be moderated by Neil Stewart. 📅 Thursday 11 July 2024 ⏰ 16:00 CEST (Frankfurt), 15:00 BST (London), 10:00 EDT (Montreal), 7:00 PDT (San Francisco) 👉 Follow this link to register and find out more about our webinar series: https://lnkd.in/e9Uz2bni
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Last week, ISSB Vice-Chair Jingdong Hua took part in the World Economic Forum's 15th Annual Conference of the New Champions in Dalian, Liaoning Province. This year's theme, "New Frontiers for Future Growth," focused on addressing the challenges and opportunities in our evolving global landscape. Jingdong spoke at the "Ahead of the Curve: Sector Transition for Nature workshop” event close-door event on June 25, highlighting the crucial role of natural resource use in company growth. He emphasised the importance of disclosing nature-related risks and opportunities according #ISSB Standards, particularly IFRS S1. He also shared insights about the ISSB’s two-year work plan, including new research on biodiversity, ecosystems and ecosystem services, and human capital in the "The Challenge of Global Sustainability Reporting" interactive event on June 26.
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#ISSB Chair Emmanuel Faber took a trip to the Bloomberg TV studios in London on Tuesday morning, where he was interviewed live on The Pulse with Francine Lacqua. In the interview, he says there will soon be an added cost for economies and companies that don't join the sustainability reporting and disclosure framework created by the ISSB. Watch the full interview here: https://lnkd.in/eZPxD7Gf
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International Sustainability Standards Board (ISSB) reposted this
The Trustees of the IFRS Foundation have appointed Michel Madelain as Managing Director of the IFRS Foundation. Michel is an experienced and highly regarded leader. He previously served as President and Chief Operating Officer of Moody’s and is a former partner of EY France. Michel knows the IFRS Foundation well; he served as a Trustee of the IFRS Foundation from 2018 to 2023. Michel is appointed for a two-year term, starting in September. We look forward to welcoming him! Find out more: https://lnkd.in/e2h2v2eW #IFRS #IASB #ISSB International Accounting Standards Board (IASB) International Sustainability Standards Board (ISSB)
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International Sustainability Standards Board (ISSB) reposted this
📢 Over 300 people attended today’s Capacity-building Alliance of Sustainable Investment (CASI) event, where Arthur Yuen, Dept Chief Exec of Hong Kong Monetary Authority (HKMA) gave a keynote address. The event was co-hosted by the Institute of Finance and Sustainability (IFS), HKMA Infrastructure Financing Facilitation Office (IFFO), and the The University of Hong Kong.🌏 📢 Arthur mentioned that HKMA has been looking to address the core issues of standards, data, and know-how, with special attention to capacity-building following the roll-out of the Hong Kong Taxonomy for Sustainable Finance. 🌏 📢 Arthur also discussed how HKMA have been working extensively to encourage ideas and solutions to create an enabling environment with robust support to identify and manage #climaterisks.🌏 📢Teresa Ko, Vice Chair, IFRS Foundation discussed why #ISSB standards should be used: building on existing frameworks, responsiveness to investor demands, harmonizing & consolidating to reduce duplication & disclosure costs, strategic information disclosure, & interoperability. 🌏 📢 Teresa discussed that two new areas: #biodiversity & #ecosystem, and human capital, have been getting a lot more attention. 🌏 #sustainableinvestment #sustainablefinance #capacitybuilding #greenfinance #biodiversityfinance #sustainabilitydisclosure
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Today, IFC - International Finance Corporation and IFRS Foundation have signed a Memorandum of Understanding to improve sustainability and climate reporting in emerging markets and developing economies. This strategic partnership aims to enhance transparency and drive standardisation in sustainable finance. Find out more: https://lnkd.in/eQyegTwT #ISSBStandards #IFRSsustainability
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International Sustainability Standards Board (ISSB) reposted this
On Monday, we were pleased to celebrate the first anniversary of the launch of the International Sustainability Standards Board (ISSB) S1 and S2 standards, as part of London Climate Action Week. Watch this video to view the highlights of the event, and click to learn more about how LSEG is participating in #LCAW2024: https://lseg.group/4eG507G #SustainableFinance #SustainableGrowth IFRS Foundation